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Annual Interest Tax statements - chase for?

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  • GeoffTF
    GeoffTF Posts: 2,111 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
     She said Skipton Building Society is still issuing statements saying that they have deducted 20% tax.
    Hi Geoff, as far as we're aware this isn't quoted on our interest statements as all interest is paid gross. Unless the statement is being produced for a tax year prior to 16/17 of course. However, if you do spot this we'd encourage you to get in touch so we can investigate. 
    I should not have quoted my neighbour's remark. I am sure she was not implying that Skipton Building Society is anything other than a fine institution, or that it paid out the wrong amount. My guess is that she found documentation for an old bond that had not been fully updated.
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